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This book is a study of the use of voluntary import expansions to correct trade imbalances, specifically imbalances between the United States and Japan.
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This book is a study of the use of voluntary import expansions to correct trade imbalances, specifically imbalances between the United States and Japan.
Persistent link: https://www.econbiz.de/10010842172
This study provides a theoretical and empirical framework for understanding the determinants of cross-border mergers. Past literature has focused on the effect of trade liberalization as the key factor triggering international mergers. We introduce the idea of flexible policy regime in which...
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We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and banking trouble in the late 1980s and early 1990s serve as a quasi natural experiment to identify two possible transmission channels from financial...
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